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Which is a characteristic of general partnership but not sole proprietorship?

A characteristic of a general partnership that is not present in a sole proprietorship is the shared ownership and management between two or more individuals. In a general partnership, all partners share profits, losses, and liabilities, and each has the authority to make decisions on behalf of the business. In contrast, a sole proprietorship is owned and operated by a single individual, who bears all the risks and responsibilities alone.


If current liabilities are 7714 and total liabilities are 18187 what is the ratio of current liabilities to total liabilities?

Current Liabilities to Total Liabilities Ratio = Current Liabilities / Total Liabilities Current Liabilities to Total Liabilities Ratio = 7714 / 18187 Current Liabilities to Total Liabilities Ratio = 0.42 or 42%


What do current liabilities include?

Current liabilities included all liabilities payable in current fiscal year like accounts payable, current portion of long term liability etc.


What is the total amount of all of your assets minus your liabilities?

1. Amount which remains after deducting all liabilities from all assets is called net worth of any company and that is the actual worth of company. FoFormula for net worth: NeNet worth = Total Assets - Total Liabilities


What is payable liabilities in accounting?

Accounts Payable and Notes Payable are liabilities. Accounts receivable - assets All "payable" accounts are "liabilities". This is because a liability is something the company OWES, a payable is the... Yes, Current Liabilities are liabilities that will be paid off in one year or less. Accounts payable is where you record such liabilities. If it's a payment that will be made in more than one year.

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the shape of there molecules :)


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They have genetic material and they reproduce.


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a Shared ancestral characteristic a shared primitive characteristic


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shape of the molecules


Which is a characteristic of general partnership but not sole proprietorship?

A characteristic of a general partnership that is not present in a sole proprietorship is the shared ownership and management between two or more individuals. In a general partnership, all partners share profits, losses, and liabilities, and each has the authority to make decisions on behalf of the business. In contrast, a sole proprietorship is owned and operated by a single individual, who bears all the risks and responsibilities alone.